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XYZ Company has just reported an income statement that indicates that Operating Income is $2,375,486 and Net Profit is $1,375,486. The Corporation currently has 2.5

XYZ Company has just reported an income statement that indicates that Operating Income is $2,375,486 and Net Profit is $1,375,486. The Corporation currently has 2.5 million shares of common stock outstanding and does not issue preferred stock. What are this corporation's approximate Earnings per Share?

The XYZ Company stock has continued to pay the same $1.50 annual dividend they have every year. The stock is now $20 per share, up from the $15 you paid per share. What is your dividend yield for this investment?

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